GoMining's GoBTC Pay SDK lets merchants and wallet providers accept direct Bitcoin payments with 0.2% fees and instant authorization, settling on-chain in about 12 hours.
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GoMining released the first-generation SDK and API for its GoBTC Pay protocol on June 19, opening the system to merchants, wallet providers, and ecosystem partners. The layer-1 protocol runs directly on Bitcoin's base layer, bypassing second-layer networks, custodians, or automatic fiat conversion.
Unlike solutions that route through intermediaries, GoBTC Pay authorizes payments instantly from a user's own wallet, with final on-chain settlement in Bitcoin averaging about 12 hours. GoMining prioritizes transactions through its private mining infrastructure, so merchants get quick confirmation without holding funds themselves.
The Gen1 release includes merchant onboarding tools, a web dashboard, online checkout integrations, public developer docs, and an open API for wallet providers and institutional partners. At launch, GoMining works with an initial group of up to 10 merchants and collaborators, though thousands more have joined a waiting list.
A non-custodial design means customers retain full control of their Bitcoin at every stage. They authorize the payment from their wallet, receive immediate approval, and the transaction settles on-chain. Merchants receive Bitcoin directly into their chosen wallets, free to hold it as treasury or use it as they see fit.
The fee model aligns incentives across participants. Merchants pay 0.2% per transaction, well below the 1.5–3.5% range common with traditional card processors. Half goes to the wallet provider facilitating the payment, half to the miners processing settlement. No additional fees hit the user.
CEO Mark Zalan said the protocol aligns with Bitcoin's original purpose as peer-to-peer electronic cash, providing the infrastructure to bring that vision into real-world commerce. The development positions GoMining to compete with established payment systems by using its mining operations for low-cost on-chain settlements.
GoMining plans further enhancements through 2026 and beyond, including broader wallet support and additional commerce tools. The Gen1 launch invites developers and businesses to begin building on the open protocol, potentially accelerating Bitcoin's role as a functional medium of exchange.
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